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Varun Industries Ltd
Varun Industries Ltd
Registered Office : 13 Shankeshwar Darshan,A G Pawar Cross Lane Byculla-E,Mumbai Maharashtra 400027 Phone : 91-22-23727400
Fax : 91-22-23748686
Email : investor_relation@varun.com
Website : www.varun.com
Public issue of 90,00,000 equity shares of face value of Rs.10/- each of Varun Industries Limited (hereinter referred to as the "company" or "issuer") at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.54.00 Crores (hereinafter referred to as the "issue") comprising promoters' contribution of 24,30,000 equity shares of Rs.10/- each at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.14.58 Crores (hereinafter referred to as the "promoters' contribution"). The net issue to the public is 65,70,000 equity shares of Rs.10/- each at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.39.42 Crores (hereinafter referred to as the "net issue"). The net issue would constitute 29.71% of post issue paid up capital of our company. The issue price of Rs. 60/- per equity share is 6 times the face value.
Opens On
Closes On
25-Oct-2007
31-Oct-2007
Application
Allotment
60.00
0.00
Minimum Application for shares in Nos : 100.0 Further Multiples of : 100.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
55.24
54.00
22.11
60.00
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